DAY’s Financial Health: Exploring Dayforce Inc’s Debt-to-Equity Ratio of 1.79


Dayforce Inc’s stock market performance has been somewhat irregular. The 1-year high for the company’s stock was recorded at $75.53 on 09/12/23, with the lowest value being $48.86 on 06/06/24.

52-week price history of DAY Stock

Analyzing the 52-week price history of a stock, including its high and low prices, can provide valuable insight into its current status and potential future performance. Dayforce Inc’s current trading price is -31.60% away from its 52-week high, while its distance from the 52-week low is 5.73%. The stock’s price range for this period has remained between $48.86 and $75.53. The Technology sector company’s shares managed to surpass a trading volume of around 2.4 million for the day, which was noticeably higher compared to the shares’ average daily volume of 1.59 million over the last three months.

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Financial Performance and Market Capitalization

Dayforce Inc (DAY) has experienced a quarterly decline of -22.14% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 8.16B and boasts a workforce of 9084 employees.

Moving average and trading volume data

Based on Barchart.com data, the company’s moving average over the 100-day period was 64.25, with a change in price of -13.65. Similarly, Dayforce Inc recorded 1,563,835 in trading volume during the last 100 days, posting a change of -20.90%.

DAY Debt-to-equity ratio analysis

The debt-to-equity (D/E) ratio is a valuable metric that offers insight into a company’s financial health and standing in the market. This ratio is calculated by dividing a company’s current total liabilities by its shareholders’ equity. The D/E ratio illustrates the extent of debt a company is utilizing to support its assets in relation to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for DAY stands at 0.51. Similarly, the long-term debt-to-equity ratio is also 0.50.

DAY Stock Stochastic Average

As of today, the raw stochastic average of Dayforce Inc over the past 50 days is 16.04%. This is a decrease compared to the raw stochastic average of the last 20 days, which was recorded at 19.45%. Additionally, the Stochastic %K and %D values for the company were 10.03% and 6.80%, respectively, over the past 20 days.

DAY Stock Price Performance Analysis

The stock price performance over the year has been a mixed bag, resulting in a range of outlooks from optimistic to pessimistic depending on the observer. Year to date metric has recorded a loss of -23.03%.However, over the last six months, we can see a stronger performance of -23.12%. Over the last 30 days, the price of DAY has leaped by -12.71%. And in the last five days, it has surged by 2.52%.

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